The blogosphere is alive with the sound of Obamacare sticker shock. The stories abound. There are winners and losers with Obamacare, as was always promised. Some people have to pay more, so that others may pay less. Some people have to pay more so that things they may not even want will be covered (e.g., mental health and maternity services). Plenty of people who didn’t bother to check into their health-insurance future before now are getting that letter from the insurance company, informing them that their insurance package of choice will no longer be offered after 31 December (it doesn’t comply with the Obamacare standards for coverage), or that their premiums will go up by 40%, 74%, or 107%. Or more.
This poignant reader comment from the California Report website is typical: Continue reading “A reminder: Warnings about premiums going up under Obamacare were correct”